Category Archives: Forex Education

BOE governor Mark Carney is said to have attended May’s Cabinet meeting on discussing a no-deal Brexit ForexLive I reckon we’ll be learning more of that when the central bank releases its statement later.

The BOE and CBRT will kick things off, before the ECB and Draghi takes over The BOE is expected to stand pat when it comes to the bank rate but their views on Brexit will be the key item here. Also, look out for any possible divergence in the voting pattern. Expectations is for 9-0…

GBP/USD trades near flat at around 1.3050 ForexLive The pound is holding up just fine ahead of the BOE meeting later to come and rightfully so. Barring any surprises, the meeting today will be a bit of a non-event. The central bank isn’t expected to move to hike rates until next May and there isn’t…

Daily thread to exchange ideas and to share your thoughts Apart from that, there is improved risk sentiment in Asian equities that has helped yen pairs gain following positive developments in the US-China trade rhetoric. However, European investors are not exactly convinced still.

The Turkish central bank is in no position to save the lira following Erdogan’s comments earlier just one sentence The only thing capable of saving the lira now is Erdogan’s so-called “new measures to prevent volatility/fluctuations”. As mentioned before, if that doesn’t involve capital control measures, then the lira is very much expected to…

European equity futures didn’t quite get the memo ForexLive As Asian equities are rallying higher, European investors are taking a leaf out of the US equity futures’ book in trading lower to begin the day. E-minis are down around 0.1% at the moment while Treasury yields are flat on the day.

And the lira falls – Inflation is a result of the central bank’s wrong steps – The people are paying the price of these wrong steps ForexLive The lira is now down more than 2% against the dollar now as Erdogan’s comments start to kick in. All this comes ahead of the central bank meeting…

High Risk Warning: Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with borrowed money or money you cannot afford to lose. This website is neither a solicitation nor an offer to Buy or Sell currencies, futures, or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Website owners and affiliates will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results.